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. >> so the good news is that negotiations do continue, there was a meeting today between president obama and house speaker john boehner. that happened at the white house today, we are frying to get more details, we're trying to get our white house chief correspondent jessica yellin on the phone and when she gets more details we'll bring it to you. >>> do you really know how much the extra taxes are going to cost you? lisa sylvester does the math. >> reporter: at the whit low's on wilson restaurant in arlington, sa virginia there,'s plenty of food and drink, but there's something else cooking up. co-owner jonathan williams worrying about the government's fiscal cliff. >> there's a real correlation, people have jobs they spend money, if people are worried about losing their jobs, or don't have a job, they're not going to go out that much, they're going to cook at home or stay home. >> reporter: just a couple miles in the pentagon, many of the people here work directly for the defense department and it's contractors. the defense industry is facing $125 billion of direct -- in addition sever
. >> so the good news is that negotiations do continue, there was a meeting today between president obama and house speaker john boehner. that happened at the white house today, we are frying to get more details, we're trying to get our white house chief correspondent jessica yellin on the phone and when she gets more details we'll bring it to you. >>> do you really know how much the extra taxes are going to cost you? lisa sylvester does the math. >> reporter: at the whit...
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amid the outrage, new legal questions. >>> president obama hits the road as the nation inches closer to the fiscal cliff. with talks down in washington, he heads to detroit to rally middle class support for his plan. >>> plus, this. ♪ a plane crash cuts short the life of popular mexican american singer, jenni rivera and he might be the oldest college football on the field, but this texas long horn is now the most inspirational. "newsroom" starts right now. good morning. i'm ted rowlands. we begin this hour with a new fallout from that radio prank played on the hospital caring for prince william's pregnant wife. just days after the apparent suicide of the nurse who was dupeded by the call, the bosses of those deejays have canceled their show and for the first time, they're speaking out. >> shattered. heartbroken and obviously, you know, our deepest sympathies are with the family and the friends. of all those affected. and you know, obviously, we are incredibly sorry for the situation an what's happened. and you know, we have to think are they doing okay, getting the love and support
amid the outrage, new legal questions. >>> president obama hits the road as the nation inches closer to the fiscal cliff. with talks down in washington, he heads to detroit to rally middle class support for his plan. >>> plus, this. ♪ a plane crash cuts short the life of popular mexican american singer, jenni rivera and he might be the oldest college football on the field, but this texas long horn is now the most inspirational. "newsroom" starts right now. good...
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Dec 7, 2012
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it is good news for investors, believe it or not. 25 days away from the fiscal cliff, those new jobs number could also be good for president obama and might end up giving him some of the leverage dana was talking about. listen to this. >> president obama's argument has been that the economy is doing well enough it could handle a tax hike. if the economy were in recession as we saw last time, then he would be reluctant to lift that top rate. if the economy is growing sharply, then if -- the -- some damage from lifting the top rate then maybe the economy can afford it. now the gdp growth number is not as strong as the jobs report. but if we a weak jobs report, then i think the president would have a really, really hard time getting people, even moderate democrats, to increase the marginal rate. the fact it is a strong report, i think, puts wind in the sails. >> wind in his sails. that's not necessarily what the speaker was saying. let's get straight total son kosik live at the new york stock exchange. >> raw numbers. what is the dow doing? >> we are not seeing the wind go in a strong d
it is good news for investors, believe it or not. 25 days away from the fiscal cliff, those new jobs number could also be good for president obama and might end up giving him some of the leverage dana was talking about. listen to this. >> president obama's argument has been that the economy is doing well enough it could handle a tax hike. if the economy were in recession as we saw last time, then he would be reluctant to lift that top rate. if the economy is growing sharply, then if --...
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up to this, up to this chemical weapons news, what was the u.s. military's official stance on action in syria? >> well, you know, the obama administration has been taking the lead on working the diplomatic frant, diplomat ic front, if you will, what they have been doing for months and months for now is trying to get assad to go by putting diplomatic pressure on, to a large extent, working through russia, obviously, which is one of assad's last allies, a lot of chat out there could assad get asign lum somewhere, something like that. by all accounts they have been willing to continue with the diplomatic track until this development. now, we're not saying there is going to be military action, but certainly the military planning, being updated, the options being updated, because now of this movement of chemical weapons, and a very good understanding, they tell us, of the locations of where they are, and the intent, possible intent to use them, that's what's leading to this potential change in something that everyone is concerned about. it is why you s
up to this, up to this chemical weapons news, what was the u.s. military's official stance on action in syria? >> well, you know, the obama administration has been taking the lead on working the diplomatic frant, diplomat ic front, if you will, what they have been doing for months and months for now is trying to get assad to go by putting diplomatic pressure on, to a large extent, working through russia, obviously, which is one of assad's last allies, a lot of chat out there could assad...
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to what president obama or what the white house saying pointing to his policies as not working for the economy. we haven't heard from the speaker's office i don't believe yet but he will be talking before cameras at 11:00 a.m. and likely get reaction there, don. >> brianna keilar. thank you, brianna. want on go to wall street now where for now at least the markets like what they saw this morning. all three indexes trading in positive territory. alison kosik and s who we will go to. tell me what's going on. >> we are seeing the nasdaq dip a bit into negative territory. you are seeing a mixed bag at this point. you know, you see the buildup to the release of this report. investors, they have been cautious all week. heading into this report. expectation was that there will be a really weak mum coming out of this. this is a surprise to the upside. report was basically double what everybody was expecting. still you are seeing a lot of caution here on wall street because many of the jobs that were added were seasonable ones. this is the reality check with this. number of retail jobs added, 5
to what president obama or what the white house saying pointing to his policies as not working for the economy. we haven't heard from the speaker's office i don't believe yet but he will be talking before cameras at 11:00 a.m. and likely get reaction there, don. >> brianna keilar. thank you, brianna. want on go to wall street now where for now at least the markets like what they saw this morning. all three indexes trading in positive territory. alison kosik and s who we will go to. tell...
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Dec 8, 2012
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as president obama and john boehner want to find agreement on the fiscal cliff. what is not being said is also important. what is not being said is also important. here is dana bash, senior correspondent. >> reporter: the house speaker ended the week with a progress report, none. >> when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: he and the president spoke by phone, only once all week, and it didn't produce much. >> just more of the same, it is time for the president to be serious, to come back to us with a counter offer. >> reporter: but what may have been most notable what was john boehner did not say. he did not repeat his demand to keep taxes cuts for the wealthy in place, the biggest issue that divides them, instead he said this. >> there are a lot of things possible for the revenue, to put on the table. but none of it will be possible if the president insists on his position, insists on my way, or the highway. >> reporter: aides to john boehner and the president wh
as president obama and john boehner want to find agreement on the fiscal cliff. what is not being said is also important. what is not being said is also important. here is dana bash, senior correspondent. >> reporter: the house speaker ended the week with a progress report, none. >> when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: he and the president spoke by phone, only once all...
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. >>> word is that elizabeth warren, the brand-new senator-elect from massachusetts is angling to be appointed to the senate banking committee. i hope that happens. the consumer crusader is just what the committee needs. she was president obama's pick to run the newly created consumer finance protection bureau, which she designed, but republican senators on capitol hill refused to even consider confirming her. instead, they did their best to drive her out of town. >> so it has gone beyond your advice to treasury, you're also providing advice to other governmental agencies? >> congressman -- >> i understand, you can use the word congressman a number of times, miss warren, i'm simply asking a very simple question. >> is there a duty to educate yourself, yes or no? >> i believe that an empowered consumer is a consumer who cannot only protect himself or herself, but one who can change the market. >> mr. chairman, i give up. >> well, warren left washington, but not for long. after president obama took her out of the running for the job, she went back to massachusetts, ran for senate, and
. >>> word is that elizabeth warren, the brand-new senator-elect from massachusetts is angling to be appointed to the senate banking committee. i hope that happens. the consumer crusader is just what the committee needs. she was president obama's pick to run the newly created consumer finance protection bureau, which she designed, but republican senators on capitol hill refused to even consider confirming her. instead, they did their best to drive her out of town. >> so it has...
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they point out that the president is still pushing for a referendum on the new constitution, one they say is flawed. >>> house speaker john boehner says he has no progress report on fiscal cliff talks because there is no progress to report. told reporters yesterday, president obama needs to drop what boehner called his m eed h or the highway approach. the fiscal cliff just 24 days away. >>> and a tragedy in pro football to tell you about. a dallas cowboys player has been killed and another has been arrested after an early morning car crash. cnn's mark makay joins me with the latest in a few minutes. >>> nelson mandela is in the hospital. but the country's president says the 94-year-old is doing well and there is no cause for alarm. mandela spent 27 years in prison for his battle against racial segregation and later became his nation's first black president. rob robin kernow has the report. >> reporter: jacob zuma announcements mandela is in the hospital for tests. the presidency issued a statement aiming to reassure the south african public. it says that mandela is well there is no ne
they point out that the president is still pushing for a referendum on the new constitution, one they say is flawed. >>> house speaker john boehner says he has no progress report on fiscal cliff talks because there is no progress to report. told reporters yesterday, president obama needs to drop what boehner called his m eed h or the highway approach. the fiscal cliff just 24 days away. >>> and a tragedy in pro football to tell you about. a dallas cowboys player has been...